October 2018: Detached, Burlington

Summary:

  • Burlington detached home sales up 13.7%, active listings down 8.9% year-over-year (YoY)
  • Active listings are high compared to historic levels and TTMA active listings indicates a flattening inventory trend
  • Sales are high compared to historic levels and TTMA sales indicates an increasing trend
  • TTMA Sales to active listings ratio (SALR) has a flat trend that is beginning to turn upward
  • Average Burlington detached home price is up 14.1% YoY
  • Median Burlington detached home price is down 13.6% YoY
  • Benchmark Burlington detached home price is down -3.2% YoY

You can read the original October 2018 TREB Market Watch publication here.

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